21260 SE STARK ST
Gresham, OR, 97030 $ 500,000
Bedrooms4 Baths1.0 Sq 2,369 Monthly Estimate*
$ 3,079
for $500,000 with 4 bedrooms and 1 full bath. This 2,369 square foot home was built in 1923 on a lot size of 0.74.
Rare MDR-zoned opportunity on nearly 3/4 of an acre with exceptional flexibility and redevelopment potential. Whether you're a builder, investor, business owner, or entrepreneur, this property offers a wide range of possibilities including residential development, townhomes, cottage clusters, mixed-use concepts, owner-occupied business use, vehicle sales, redevelopment, or value-add renovation opportunities. Buyer to verify all uses with the city. Positioned just off SE Stark Street with excellent visibility and access, the property features a flat, usable site and an existing home that can be renovated, rented, or utilized while planning future development. Previous planning discussions indicated potential for approximately 18 residential units under MDR zoning, though buyers should perform their own due diligence regarding density, zoning, permits, utilities, and development requirements. Properties offering this combination of location, zoning, visibility, and redevelopment upside are becoming increasingly difficult to find. Ideal for builders seeking attainable housing projects, investors looking for land value, or businesses needing a highly visible location with future upside.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir
Garage Spaces 0
Architectural Style Stories2
Year Built 1923
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R337501
County Multnomah
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions 212th & Stark
High School Gresham
City Gresham
Disclosures Disclosure
MLS Area _144
Lot Size Square Feet 32234.0
Listing Terms CallListingAgent Cash
Elementary School North Gresham
Tax Annual Amount 4394.32
Middle/Junior High School Clear Creek
Property Condition Fixer
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 04 1S 3E TL 10400 0.74 ACRES
ADU False
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InteriorTotal Fireplaces 1
Fireplace Features WoodBurning
Hot Water Gas
Total Bathrooms 1.0
Total Bedrooms 4
Total Baths 1
1/2 Baths 0
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ExteriorLot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description Stucco
Building Area Total 2369.0
Lot Size Acres 0.74
Road Surface Type Paved
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* Excluded FeaturesList ByKnipe Realty Era PoweredBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,079
- Monthly Property Taxes
- $366
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Gresham, OR
Average List Price $587,194
Percent of Sale Price 17%
About Gresham, OR 113,713 Population
26% Since 2002
$ 51,832 Median Income
36.26 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
1951223 Elementary School
1949905 Middle School
Gresham High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/11/2026 | $500,000 | | Listed Price |